Business

President Ranil Wickremesighe has launched locally assembled Hyundai vehicle with Sri Lanka’s Abans group, as the country is gripped by an import ban on finished cars after the central bank printed money to fix a policy rate and triggered an external collapse. “The introduction of this vehicle takes place at a time when Sri Lanka’s…

The Central Depository Systems (CDS), a fully owned subsidiary of the Colombo Stock Exchange (CSE), recently signed a service agreement with Lanka IOC PLC as the registrar for Lanka IOC PLC, with effect from 01st of January 2023. Lanka IOC PLC, with a corporate history spanning 20 years, is the only private sector auto fuel…